Electric Vehicles Industry News
A collection of Electric Vehicles latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Why is Ferrari facing such a backlash to its first electric car?
The Italian marque has broken with the past with its four-door, €550,000 Luce and traditionalists are furious Ferrari is different from other carmakers, and so are its product launches. So revered is the company in its native Italy that…
Ferarri Reveals New $640k Electric Car and Everyone Seems to Hate It
Ferrari has revealed its new $640,000 electric car, known as the Luce, and it seems to have significantly harmed the legendary company's reputation. The Italian car company is known for making some of the most revered vehicles in history. The cars…
Ferrari presents Pope with its first ever electric car, stock plunges 8%
Ferrari on Tuesday presented its first-ever fully electric car to Italy's President and Pope Leo XIV. Yet it's still waiting for the ultimate approval from someone less high-profile: the consumer. The Italian automaker unveiled the all-new Luce EV…
The Scoop: Ferrari tries to message electric car as market value plunges $5 billion
Ferrari debuted its first electric vehicle, the Luce — Italian for “light.” Designed by storied Apple alum Jony Ive, the four-door, five-seat car can reach 60 mph in 2.5 seconds. In an exclusive interview with CNBC, Ferrari CEO…
Ferrari Luce: Why Ferrari's First Electric Car Isn't a Two-Door Supercar Like You Might Expect
Ferrari's first crack at an electric vehicle arrived this week to a visceral reaction. Not only does the Luce not pack one of the brand's legendary combustion engines, it also happens to be the largest (and most controversial-looking) vehicle that…
Cheapest and most expensive electric cars to insure
One of the many concerns some Britons have about switching to electric cars is the cost of insuring them. According to the Electric Car Scheme, EVs are typically between 15 and 25 per cent more expensive in premiums than conventional petrol models.
Second hand electric car values rise for first time in eight months
The value of second-hand electric cars has risen for the first time in eight months in what could be a major turning point for zero-emission used motors. While used car values remained resilient in May overall, EVs delivered the strongest…
Ferrari launches its first electric car for a shocking price
Published May 27th, 2026 - 02:22 GMT ALBAWABA - In a historic move that redefines its legendary brand, Italian automaker Ferrari unveiled its first all-electric car in Rome on Monday, announcing its transition from the world of motors to the quiet…
After Ferrari Luce backlash, Lamborghini CEO says canceling its own EV was the right choice
Lamborghini CEO Stephan Winkelmann told CNBC the automaker's decision to kill its all-electric vehicle plans to focus on plug-in hybrid electric vehicles was 'the right way to go' for his company. His comments come after Ferrari this week faced…
The world's carmakers are struggling to compete with China
Suranjana TewariAsia Business Correspondent, Beijing and Hefei, China Global carmakers are facing a reckoning as US, European and Japanese brands lose ground to Chinese rivals setting the pace not only in electric vehicles, but also in batteries…
Why Ferrari's rocky EV launch may not be the disaster investors fear
Ferrari faced an investor backlash after the unveiling of its new Luce model, its first fully electric car. The company's stock fell 8% on Tuesday, the first trading session after the car was unveiled. Analysts at RBC Capital Markets said, however…
Nio Shares Surge After Launch of China's Biggest Electric SUV
Nio Inc. 's shares surged after the Chinese electric car maker unveiled its six-seat ES9 sport utility vehicle, which the company says is the country's largest electric SUV. The stock jumped as much as 10% in Hong Kong trading Thursday, following a…
Critics give Ferrari Luce EV a cool response, shares fall
Ferrari shares plunged by more than 8 percent on Tuesday as investors and critics reacted coolly to the Italian luxury sports carmaker's new Luce electric car, questioning whether it remained true to the brand's identity. SCROLL TO CONTINUE WITH…
Ferrari has unveiled its first EV. The $900k price tag is only the first problem
It's fair to say the reviews of Ferrari's first electric car, unveiled this week, have been at best mixed. “If I had to say what I think, I would hurt Ferrari,” said Luca Cordero di Montezemolo, the former Ferrari boss credited as…
Ferrari's Controversial EV Likely To Advance Despite Launch Wobble
When a new car's design is said to be “divisive”, that means normal people hate it. Italian luxury sports car maker Ferrari, probably correctly, assumes that not many normal people have $650,000 available to buy its new Luce electric…
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